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Ripoff Report | INTWAY Review - Internet - Intway beware of scam ripoff
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Report: #242890

Complaint Review: INTWAY - Internet

  • Submitted:
  • Updated:
  • Reported By: Toronto Ontario
  • Author Confirmed What's this?
  • Why?
  • INTWAY intway.com Internet Afghanistan

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Beware of a new worldwide scam - the Intway Corporation.

This financial PYRAMID offers:

*unsecured credit lines up to $500,000

*investments with a MINIMUM guaranteed return of 100%

*guaranteed income of $50,000 from doing business with Intway

*worldwide money transfers with $0 commissions

*and check this out - "they teach you how to start trading stocks with $0.01"

*and a bunch of silly, too good to be true crap.

Of course , to get all of the above , you have to pay some enrollment fee. Once you are in , you will get paid for every person you help to enroll in this "fabolous" program.


BEWARE OF THIS PYRAMID SCAM.

John
Toronto, Ontario
Canada

This report was posted on Ripoff Report on 04/07/2007 06:25 PM and is a permanent record located here: https://www.ripoffreport.com/reports/intway/internet/intway-beware-of-scam-ripoff-internet-242890. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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REBUTTALS & REPLIES:
0Author
1Consumer
1Employee/Owner

#2 Consumer Suggestion

More Intway members' responsibility

AUTHOR: Alla - (U.S.A.)

POSTED: Sunday, June 17, 2007

Intway wrote: "Your message above clearly states that you are not a member of Intway, and perhaps you even haven't checked company's websites, but just repeat somebody's false statements."

It's right.
I have heard a lot of false statements at the presentations. Could Intway to recommend or teach the members to be more responsible?
Should be less noise and more serious facts. I have purchased Intway package as a hosting with a personal Web store for reasonable price. Not disappointed yet.

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#1 REBUTTAL Individual responds

Reply from Intway World Corporation to John

AUTHOR: Intway - (U.S.A.)

POSTED: Sunday, June 10, 2007

Dear John,

Your message above clearly states that you are not a member of Intway, and perhaps you even haven't checked company's websites, but just repeat somebody's false statements.

Just to illustrate this fact, let's see what is what:

1) *unsecured credit lines up to $500,000

Credit line for real estate purchase is given only to those members who meet certain requirements, and this mortgage must be repaid either by own funds or from income generated in the company.

See http://www.intwayinvest.com/ for more details

2) *investments with a MINIMUM guaranteed return of 100%

Intway does not guarantee such income, and level of income totally depends on the partner, his activity and investments in stocks he makes (if he trades them)

3) *guaranteed income of $50,000 from doing business with Intway

Again, same tale.. Yes, it is possible to earn 50k a day, but you have to work for it :) Currently some of the partners do earn 2-3k a day from the turnover, and we have issued daily checks of up to 11k.

4) *worldwide money transfers with $0 commissions

True! No commissions for transfers between Intway partners.

5) *and check this out - "they teach you how to start trading stocks with $0.01"

Yes, and what is so unnatural in this fact? Intway offered stock trading platform with low commissions and brokerage fees, and the fact that there are lots of penny stocks (pink sheets and OTCBB) does make it possible to buy stock which costs a few cents. And the minimum commission is really just 1 cent, depending only on the size of your order. See www.intwaystock.com for more details.

6) *and a bunch of silly, too good to be true crap.

Personal hosting of 1GB, free domains, e-mail and autoresponder system, blog, website constructor with hundreds of templates, turn-key personal webshop to start online business immediately and they do offer this to each partner, plus lost of other services for online and offline business.

The fact Intway pays for introducing new members is quite normal in business, this is an affiliate programme, and there are no obligations to participate in it.

You pay for the tools and services you get, and if you do recommend them to other people, why not get paid for this?

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